Its all about the Market Cap - FOCUS on the Market Cap.
If the coin was to hit $1 after a 1 for 10 it will HAVE THE EXACT SAME Market Cap without the consolidation, which means it would only be 0.10c per coin as the Market Cap would be technically the same.
Your investment would still be proportionate in any future rerating,
More likely to see the Market Cap climb higher with only 690 Billion Supply compared to 6.9 Trillion.
No one is disadvantaged and no one gains an advantage - MUCH FAIRER OUTCOME.
6.9 Trillion supply x $1 = $6.9 Trillion Market Cap —> NEVER GOING TO HAPPEN in our lifetime.
690 Billion supply x $1 = $690 Billion Market Cap —> NOT GOING TO HAPPEN in our lifetime
COMPARISON REALITY CHECK
Today BITCOIN Market Cap = approx $375B
Today TOTAL GLOBAL CRYPTO MARKET CAP = approx $950B
Maybe in many many years to come.
$50 Billion Supply x $1 = $50B Market Cap (requires 6.85 Trillion to be burnt)
$100 Billion Supply x $1 = $100B Market Cap (requires 6.8 Trillion to be burnt)
Do the maths and be real in ones expectations ; )
The higher LUNC Market Cap climbs the less LUNC gets burnt volume wise which takes even longer to reduce supply.
10 Billion Supply IMO is a pipedream and a whole lot of novice wishful thinking without a 1 for 10 consolidation and most likely with additional consolidation points in the future.
Consolidate now and allow devs and the community to focus on UTILITY as this will be the driving force for future upside.